Homes for sale - 423 E 82nd ST, Los Angeles, CA 90003

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,150,000

Est. payment - /mo

5,201 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25070559

HOA Y/N No

Year Built 1966

Lot Size 5,201 Sqft

Property Sub-Type Quadruplex

Property Description

423 E 82nd Street is a fully renovated 4-unit property in one of
Los Angeles' fastest-growing neighborhoods. Featuring an
excellent unit mix of four (4) spacious 3-bed/1-bath units, this
asset is ideal for both owner-users and investors seeking
strong cash flow. With one unit delivered tenant ready, an owner-
user can live in one unit while renting out the other three.
Current rents are leased above $2,700/month, making this
one of the highest-income-producing 4-plexes in the
neighborhood. Priced at an 8.27% cap rate, this property is a
true cash cow with proven rental income. All occupied units
are leased through Section 8 vouchers, ensuring stable,
government-subsidized income.
The property also features four covered parking spaces and
potential for ADU additions (buyer to verify). By adding just
one additional unit, projected returns increase to a 9.09% cap
rate. Located in a rapidly developing submarket, 423 E 82nd St is
just minutes from USC, Downtown LA, SoFi Stadium, and more,
ensuring strong rental demand and long-term appreciation.
Don't miss this opportunity to own a high-yield, value-packed
multifamily property in a transforming neighborhood!

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR2

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Curbs, Street Lights, Suburban, Sidewalks, Urban

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Faces East

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6030031006

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA

Special Listing Condition Standard

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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc. • 310-729-1559

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Serving Southern California

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